empty
 
 
08.04.2019 06:20 AM
Forecast for AUD/USD on April 8, 2019

AUD/USD

On Friday, the Australian dollar unsuccessfully tried to reach the daily scale of the MACD line, as US employment data came out "tolerable" - 196,000 jobs were created in the non-agricultural sector in March, hourly wages increased by 0.1% economic active population from 63.2% to 63.0%, the unemployment rate remained at 3.8%.

Today, in the Asian session, the "aussie" continues to decline, consolidating below the MACD daily scale line and returning to the range of frequent consolidations of 0.7060-0.7100. The signal line of the marlin oscillator on the daily chart is attacking the border of the bears' territory, on H4 in the decline zone. We are waiting for the price to exit below the accumulation range and a further decline towards the support of the graphic trend line in the area of 0.6890.

This image is no longer relevant

This image is no longer relevant

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback